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Commission Rules allow settings in Strategy properties are designed to configure flexible make backtesting and real-time simulation more realistic. They also affect strategy order prices calculation in auto trading (i.e. trailing stops, profit targets) as well as Strategy and Trading Performance Reports. Flexible commission settings templatesare based on major broker commissions allowing to configure auto trading the way a user needs.
==Selecting Commission Rules==
The default rule is '''No Commission'''. Other prebuilt Commission Rules are:
* '''0.01$ per Contract'''. Commission is set to $0.01 per contract regardless of the trade size.* '''0.01% per Contract'''. Commission is set to 0.01% of trade value regardless of the trade size.* '''1$ per Trade'''. Commission is set to $1 per trade regardless of the trade size.* '''Tiered per Month'''. Commission is set to 0.01% of trade value if trade size is less than 9999, 0.005% of trade value if trade size is between 10000 and 99999, 0.0025% of trade value if trade size is equal or higher than 100000. Every template parameter can be changed. In most cases default templates should be enough. However, if it is not the case custom templates can be created.
==Commission Rules Manager==
:# Enter the volume value into the '''Volume''' field.
:#Enter the commission value into the '''Commission Value''' field.
:# Select commission measurement unit from the list:<br>- Cash per Contract;<br>- Cash per Trade;<br>- Percent of Trade Value;<br>- (FX) Basis Points of Trade Value'''*''';<br>- (FX) % % Basis Points of Trade Value'''*'''.<br><div style="background-color: #E3FBE5;">'''*''' Basis Point = 0.0001. TradeValue = Fill Price*Filled Contracts*BigPointValue.</div>
:# Check the '''Commission Limits''' check box to enable commission maximum and minimum values.
:## Check the '''Min Value''' check box, setup the minimum commission value and select '''per Contract''' / '''per Trade''' calculation mode.
:## Check the '''Max Value''' check box, setup the maximum commission value and select '''per Contract''' / '''per Trade''' calculation mode.<div style="background-color: #E5F6FF;">Example 6: Commission rule is set to $0.1 per contract. Min Value is set to $1 per trade and Max Value is set to 5$ per trade. If the strategy sells 5 contracts, the commission will be $1. If the strategy buys 100 contracts, the commission will be $5. </div>
:# Click '''OK''' to save the '''Fixed Commission Rule''' or '''Cancel''' to cancel the operation.
:# To edit an existing Fixed Commission Rule select a rule with the mouse and click '''Edit...'.
To exit '''Commission Rules Manager''' without saving any changes to the rules click '''Cancel'''.
[[Category: StrategiesTrading]]
